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NEPSE applies circuit breaker to control unusual surge
Source: rss np

NEPSE applies circuit Breaker to control unusual surge

The Nepal Stock Exchange (NEPSE) has today put the circuit Breaker following an unusual surge in the domestic share market. The unexpected increment in the share market prompted the NEPSE to apply the circuit Breaker. According to the NEPSE, 2.598 units of share worth Rs 1.39 billion of a total 144 companies were traded today. Countrys stock market has been on a bullish run these days. NEPSE inde...


Nepse in free fall as market observes excessive selling pressure
Source: RSS

Nepse in free fall as market observes excessive selling pressure

The Nepse benchmark index plunged 58.46 points, or 3.53 percent, to close at 1,599.62 points. The market remained volatile thorough out the trading day as panicked investors, with no apparent reasons, scrambled to offload their shares. KATHMANDU, Nov 20: Nepal Stock Exchange (Nepse) benchmark index nosedived 44.53 points on Sunday (as of 2:35 pm) as the market observed excessive selling pressu...


Former Maoist rebels: Who took the cut from our salary?
Source: RSS

Former Maoist rebels: Who took the cut from our salary?

Shibalal KC, a resident of Tulsipur joined the Peoples Liberation Army (PLA) in 2003. He was at the fifth division of the PLA at Dahaban Headquarters, Rolpa and was entitled to Rs 5000 per month. However, KC says that he never received his full salary. I never received my full salary. They (PLA) would always have cut from it under various headings like party welfare, he said stating through out h...


Man City, Bayern winning streaks end in Champions League

In a fiercely competitive Champions League round on Wednesday, the 100 percent winning records of Pep Guardiola and Carlo Ancelotti with their new clubs finally came to an end. Guardiolas Manchester City trailed three times at Celtic, leveled each time and finished strongly before having to settle for a 3-3 draw. The coachs winning streak to start the season ended at 10 matches. Ancelotti, a...


Fines not a deterrent to road accidents
Source: RSS

Fines not a deterrent to road accidents

Road safety hasnt been ensured despite applying many techniques, said a frustrated Pawan Kumar Giri, chief of the Eastern Region Traffic Police Office. Superintendent of Police (SP) Giri said that charging fines to arrogant drivers has not helped since many carry fake license while some others are seen driving without any license and have no sense of responsibility . SP Giri cites a number of l...


China's top securities regulator steps down amid turmoil
Source: AP

China's top securities regulator steps down amid turmoil

The departure of Xiao Gang, a legal expert with decades of experience in the finance industry, may help assuage public anger at the dramatic boom and bust, but doesnt address the markets underlying problems. The official Xinhua News Agency reported Saturday that Xiao would be replaced by Liu Shiyu, chairman of the Agricultural Bank of China and a former deputy governor of Chinas central bank. ...


‘Capital market may need another exchange to spark competition’
Source: RSS

‘Capital market may need another exchange to spark competition’

The evolution of the capital market in Nepal can be traced back to January 1994 when Nepal Stock Exchange opened its trading floor. Since then, market capitalisation of Nepse has surged to Rs 1,306.21 billion, which is around 61.50 per cent of the gross domestic product, and the benchmark index hit an all-time high of 1,212 points on Sunday. There is still room for the market to grow, but delay in...


Record Breaker Dipak Bista honoured in Sydney
Source: RSS

Record Breaker Dipak Bista honoured in Sydney

Record Breaker Taekwondo player has been honoured in Sydney. Members of far-western community of Nepal have honoured him for his record breaking work which has highlighted Nepal in the world map. He was in Sydney to meet his mother during which the honouring ceremony had been held. The program was held in Annapurna Restaurant, Homebush. Bista was honoured through a Khada (Tibetan cloth) wearing...


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